Commercial Real Estate & Business News – November 17, 2022

As 2022 winds down, the Arizona economic development sector has much to celebrate in the way of wins. According to the Arizona Commerce Authority (ACA), the state ranked No. 3 for economic outlook — a 10-spot jump from No. 13 the prior year. With…»

Average multifamily asking rents growth showed a minor increase in October, according to the latest Yardi Matrix Multifamily Report. The average U.S. asking rate was $1,727. Year-over-year rent growth was down to 8.2%, the lowest level since…»

A Nevada industrial developer broke ground on a 10-building industrial park located between data centers for Apple and Meta near Phoenix-Mesa Gateway Airport in Mesa, Arizona.IndiCap, based in Las Vegas, and its partner AECOM-Canyon Partners started…»

Meredith Deangelis moved to the community of Rio Verde Foothills, north of Scottsdale, 11 years ago. “When I met my husband, we just said that would just be such an amazing place to live,” Deangelis told KJZZ News. “You could have space. You’re…»

A new study found Arizona is the No. 5 best state for hiring as the unprecedented hiring crisis worsens. CareerCloud today released a study on the Best States to Hire Workers using data from the Census Bureau, BLS, Tax Foundation, and the…»